StockGuru Blog: Renhuang Pharmaceuticals (RHGP) – Pharmaceutical Business Chinese Style Relies on Revenue
On the First Day of StockGuru Profile Coverage, RHGP was Up as Much as $0.40 with a High of $2.25. This is a Gain of More than 21%! Today’s Intraday High of $2.30 Puts it Up as Much as 24%! Stock Guru Profile News Blogs Renhuang Pharmaceuticals, Inc. (RHGP) believes a company should generate revenue to support its research and development! Their earnings support this philosophy. The fiscal year-to-date results covering the nine months from October 1, 2006 to July 31, 2007, indicate net earnings of $8.46 million on solid sales of about $21 million, more than doubling the net…